The Bangladesh Bank yesterday renewed the interim licence of Nagad for another six months as the Bangladesh Post Office (BPO) has failed to form a subsidiary to run the mobile financial service.
NRB Bank has incurred a loss of Tk 103 crore as it intentionally became involved in unethical trading practices in the stock market to favour gamblers, which weakened the financial health of the...
Sustainable financing has gained popularity in recent years as both banks and enterprises in Bangladesh have become increasingly keen to embrace the business model that protects the environment...
Deposits at banks saw remarkable growth last fiscal year as the coronavirus-linked uncertainty compelled people to cut non-essential expenses and save more, while lending growth shrank slightly due...
Bangladesh Bank yesterday fined NRB Commercial Bank Tk 23.50 lakh for its aggressive investments in the capital market in breach of rules.
Managements of the state-owned banks are in a state of discomfort after being informed about the Padma Bank’s wish to get merged with a state lender.
Bangladesh Bank has asked 10 banks to explain why they maintained a high interest rate spread for long depriving depositors.
After buying a record amount of US dollars last year, Bangladesh Bank has begun selling the American greenback following a decline in remittance and an increase in imports.
Bangladesh’s foreign exchange reserve has hit a record high of $48 billion after it secured $1.44 billion in financial support from the International Monetary Fund (IMF).
The Bangladesh Bank yesterday decided to roll out a fresh refinance scheme worth Tk 3,000 crore for the agriculture sector.